Policies to stimulate research
By: psr, 2006-07-17
Why don’t companies in Spain commit resources for technical and scientific research? Before answering that question, it is necessary to answer another one: Should companies commit resources for research activities?
I’ll start off with the second question: Politicians talk a lot about investing in research, and it all looks very nice on the agendas of the European Commission and on the electoral programs of political parties. I do believe research is necessary, but not merely as something that can be directed or required from government, but (and much more importantly) as something that companies wish to invest on, as part of their growth or competitiveness strategy.
Therefore, let us begin by assuming that companies should devote resources to research.
That said, companies will not do company strategy aligned research simply because …
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